NORTECH EIENDOM AS

3330 SKOTSELV

Finances

Share Ownership

Return on Equity

17,68 %

Current Ratio

2,79

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 130 000	10 011 000	8 720 000	8 222 000
Net Income	2 916 000	3 166 000	371 000	2 972 000
Total Assets	27 485 000	27 129 000	22 962 000	23 193 000
Total Equity	16 493 000	15 618 000	13 981 000	13 610 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 130 000	10 011 000	8 720 000	8 222 000
Expenditure	6 117 000	5 766 000	7 832 000	4 162 000
Operating Profit	4 013 000	4 245 000	888 000	4 060 000
Financial Income	0	15 000	0	41 000
Financial Costs	275 000	201 000	413 000	291 000
Financial Balance	−275 000	−186 000	−413 000	−250 000
Earnings Before Tax	3 739 000	4 060 000	475 000	3 810 000
Tax	823 000	893 000	105 000	839 000
Net Income	2 916 000	3 166 000	371 000	2 972 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 692 000	17 724 000	19 923 000	22 199 000
Total Current Assets	11 793 000	9 404 000	3 039 000	994 000
Total Assets	27 485 000	27 129 000	22 962 000	23 193 000
Total Retained Equity	14 014 000	13 139 000	11 502 000	11 131 000
Total Equity	16 493 000	15 618 000	13 981 000	13 610 000
Total Long-Term Debt	6 764 000	7 453 000	8 094 000	8 340 000
Total Current Debt	4 228 000	4 057 000	887 000	1 243 000
Total Equity and Debt	27 485 000	27 129 000	22 962 000	23 193 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	10 130 000	10 011 000	8 720 000	8 222 000
Revenue	10 130 000	10 011 000	8 720 000	8 222 000
Cost of Goods Sold	24 000	0	85 000	0
Salary Costs	0	0	0	0
Depreciation	2 276 000	2 274 000	2 276 000	2 069 000
Impairment	0	0	0	0
Expenditure	6 117 000	5 766 000	7 832 000	4 162 000
Operating Profit	4 013 000	4 245 000	888 000	4 060 000
Financial Income	0	15 000	0	41 000
Financial Costs	275 000	201 000	413 000	291 000
Financial Balance	−275 000	−186 000	−413 000	−250 000
Dividends	0	0	0	0
Net Income	2 916 000	3 166 000	371 000	2 972 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 931 000	12 363 000	12 924 000	13 486 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 761 000	5 361 000	6 999 000	8 713 000
Total Tangible Assets	15 692 000	17 724 000	19 923 000	22 199 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 692 000	17 724 000	19 923 000	22 199 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 969 000	2 104 000	1 714 000	691 000
Total Current Assets	11 793 000	9 404 000	3 039 000	994 000
Total Assets	27 485 000	27 129 000	22 962 000	23 193 000
Total Equity	16 493 000	15 618 000	13 981 000	13 610 000
Short-Term Group Debt	2 617 000	0	0	0
Total Long-Term Debt	6 764 000	7 453 000	8 094 000	8 340 000
Creditors	905 000	832 000	355 000	101 000
Unpaid Taxes	160 000	231 000	230 000	148 000
Dividends	0	0	0	0
Other Current Debt	77 000	2 358 000	111 000	141 000
Total Current Debt	4 228 000	4 057 000	887 000	1 243 000
Total Equity and Debt	27 485 000	27 129 000	22 962 000	23 193 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,68 %	20,27 %	2,65 %	21,84 %
Debt-to-Equity Ratio	0,41	0,48	0,58	0,61
Operating Profit Margin	39,62 %	42,4 %	10,18 %	49,38 %
Current Ratio	2,79	2,32	3,43	0,8
Quick Ratio	2,79	2,32	3,43	0,8
Equity Ratio	0,6	0,58	0,61	0,59
Gross Profit Margin	99,76 %	100 %	99,03 %	100 %